Southwest Key Programs 401(k) match, vesting and fees
What Southwest Key Programs' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Weaver and Tidwell LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 244 defined-contribution plans in health care and social assistance with 10,000 to 49,999 participants.
| Southwest Key Programs: employer contribution per participant | $3,035 | |
| Peer median | $2,155 |
| Southwest Key Programs: average balance | $26,516 | |
| Peer median | $66,935 |
| Southwest Key Programs: admin expenses ÷ assets | 0.40% | |
| Peer median | 0.08% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $225M at the end of plan year 2023 to $277M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 10,772 | $277M | $31.7M | $3,035 | 0.40% | Not published | Form 5500 ↗ |
| 2023 | 11,226 | $225M | $29.3M | $2,706 | 0.50% | Not published | Form 5500 ↗ |
Common questions
Does Southwest Key Programs match 401(k) contributions?
The match terms for the Southwest Key Programs, Inc. 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $31.7M in employer contributions, about $3,035 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southwest Key Programs 401(k) match vested?
The vesting schedule for the Southwest Key Programs, Inc. 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southwest Key Programs 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Southwest Key Programs, Inc..
I left Southwest Key Programs. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southwest Key Programs, Inc., (469) 531-8363) or the recordkeeper, Empower Annuity Insurance Company. The Southwest Key Programs old 401(k) page lists the contacts from every plan filing. Find an old Southwest Key Programs 401(k)
Data from the public Form 5500 annual reports Southwest Key Programs filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Southwest Key Programs. Not financial advice. Report a correction · Methodology